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LOW-COST ELECTRICITY

The crypto mining business sector is highly dependent on the energy supply. The price and availability of electric power are the two most important factors for mining companies. Electric power is the medium through which maximum profit for mining can be generated so the, more emphasis is laid upon to conserve the electric power.

Countries like Russia, Belarus, and Venezuela have a surplus of electricity as well as renewable energy resources like Solar Systems, Turbines etc. Also the cost of power is very cheap as compared to other regions.

To be efficient and to meet the best requirements in terms of low cost electricity supply we have established our mining station in these regions and also have the access to many natural resources which helps in reducing the infrastructure to be used and increasing the overall profit.

ELECTRICITY GENERATED THROUGH NATURAL RESOURSES

ASICS AND GPUS

Even now there are many miners who are still dependent on the old-technology that consumes a lot of energy and to prevent the inefficiency of this energy-MineMuse are using the application-specific integrated circuit (ASIC) technology. The ASIC permits the strategic placement in the equipment reducing power consumption and manufacturing cost and increasing the profit generation.

NO. OF ASICS AND GPUS IN USE

We have more than 7,000 to 10,000 ASIC and around 50,000 GPU through which the mining takes place. These ASICs are specific for each coin. These are huge equipments that generate lot of heat while processing, so the colder climate/regions helps in keeping these equipments cool and also reduces the costing for the power. These ASICs are made up from number of GPUs.

CLOUD MINING

The process of using hardware power to mine coins remotely is Cloud or remote mining. The main reason for the existence of this model is the fact that the increasing difficulty of mining has made it unprofitable for people to start mining at home.

The more accessible model for remote mining is cloud mining, where a part of the mining hardware is purchased by the miner which is hosted and owned by a mining service provider. Here the requirements such as configuration of the hardware, maintaining uptime and selecting the most efficient and reliable pools is taken care by the service provider.

There are a lot of pros that this option provides: instant connection (i.e no waiting time and delivery risk for hardware shipment), static maintenance and no issues related to noise, heat or space for mining.

WHY CLOUD MINING

The process of using hardware power to mine coins remotely is Cloud or remote mining. The main reason for the existence of this model is the fact that the increasing difficulty of mining has made it unprofitable for people to start mining at home.

The more accessible model for remote mining is cloud mining, where a part of the mining hardware is purchased by the miner which is hosted and owned by a mining service provider. Here the requirements such as configuration of the hardware, maintaining uptime and selecting the most efficient and reliable pools is taken care by the service provider.

There are a lot of pros that this option provides: instant connection (i.e no waiting time and delivery risk for hardware shipment), static maintenance and no issues related to noise, heat or space for mining.